Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Professional Services Industry Analysis

UpdatedJan 21, 2026
DataAggregated Company Financials
Companies23
  • 7D2.3%
  • 3M-1.3%
  • 1Y15.2%
  • YTD3.5%

In the last week, the Professional Services industry is up 3.1%, with ALS leading the way, up 4.1%. In the same time, Kelly Partners Group Holdings was down 11%. In the last 12 months, the industry was up 16%. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

Has the Australian Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Jan 2026AU$37.5bAU$11.8bAU$1.4b19.6x26.9x3.2x
Fri, 19 Dec 2025AU$35.6bAU$11.9bAU$1.4b20.8x25.2x3x
Sun, 16 Nov 2025AU$36.8bAU$11.8bAU$1.4b19.4x26.1x3.1x
Tue, 14 Oct 2025AU$36.8bAU$11.8bAU$1.4b18.6x26.1x3.1x
Thu, 11 Sep 2025AU$36.7bAU$11.7bAU$1.4b19.9x26.3x3.1x
Sat, 09 Aug 2025AU$38.7bAU$11.7bAU$1.3b22.4x29x3.3x
Mon, 07 Jul 2025AU$36.9bAU$11.6bAU$1.3b15.9x27.7x3.2x
Wed, 04 Jun 2025AU$36.6bAU$11.7bAU$1.3b16.2x27.3x3.1x
Fri, 02 May 2025AU$37.3bAU$11.5bAU$1.1b15.4x33.7x3.2x
Sun, 30 Mar 2025AU$36.0bAU$11.5bAU$1.1b15.9x32.2x3.1x
Tue, 25 Feb 2025AU$37.7bAU$11.4bAU$1.1b17.6x34.3x3.3x
Thu, 23 Jan 2025AU$33.0bAU$11.3bAU$999.7m20.8x33x2.9x
Sat, 21 Dec 2024AU$32.0bAU$11.3bAU$1.0b21.4x31.8x2.8x
Mon, 18 Nov 2024AU$30.0bAU$10.9bAU$985.3m20.5x30.4x2.7x
Wed, 16 Oct 2024AU$27.8bAU$10.8bAU$956.5m21x29.1x2.6x
Fri, 13 Sep 2024AU$30.1bAU$13.1bAU$738.7m21.2x40.8x2.3x
Sun, 11 Aug 2024AU$29.8bAU$13.5bAU$1.0b17.7x29.3x2.2x
Tue, 09 Jul 2024AU$29.5bAU$13.4bAU$991.9m19.5x29.7x2.2x
Thu, 06 Jun 2024AU$29.0bAU$13.4bAU$1.0b19.4x28.9x2.2x
Sat, 04 May 2024AU$29.3bAU$14.4bAU$1.4b18.5x20.5x2x
Mon, 01 Apr 2024AU$29.9bAU$14.4bAU$1.4b20.3x20.8x2.1x
Wed, 28 Feb 2024AU$29.0bAU$14.1bAU$1.5b19.8x19.9x2.1x
Fri, 26 Jan 2024AU$28.3bAU$13.8bAU$1.2b20.1x23.4x2.1x
Sun, 24 Dec 2023AU$27.7bAU$13.6bAU$1.2b18.8x23.1x2x
Tue, 21 Nov 2023AU$27.1bAU$13.8bAU$1.2b19.1x22.2x2x
Thu, 19 Oct 2023AU$28.8bAU$13.8bAU$1.3b18.3x23x2.1x
Sat, 16 Sep 2023AU$28.6bAU$13.8bAU$1.2b19x23.2x2.1x
Mon, 14 Aug 2023AU$28.4bAU$13.0bAU$680.0m18.7x41.8x2.2x
Wed, 12 Jul 2023AU$27.2bAU$12.8bAU$664.5m16.8x40.9x2.1x
Fri, 09 Jun 2023AU$27.6bAU$12.8bAU$663.9m16.2x41.6x2.2x
Sun, 07 May 2023AU$27.4bAU$12.8bAU$647.7m16.6x42.2x2.1x
Tue, 04 Apr 2023AU$27.1bAU$12.8bAU$649.4m17.1x41.8x2.1x
Thu, 02 Mar 2023AU$13.3bAU$7.3bAU$590.4m17.1x22.6x1.8x
Sat, 28 Jan 2023AU$13.8bAU$6.7bAU$490.0m20.1x28.1x2.1x
Price to Earnings Ratio

28.1x


Total Market Cap: AU$13.8bTotal Earnings: AU$490.0mTotal Revenue: AU$6.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Professional Services Industry Price to Earnings3Y Average 29.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Australian Professional Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 29.6x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 42% per year over the last three years.
  • Revenues for these companies have grown 21% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market0.069%
Industrials0.17%
Professional Services2.31%
Research and Consulting Services3.15%
HR Services-1.69%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 80.0x.
    • Analysts are expecting annual earnings growth of 18.3%, which is lower than the prior year's growth of 129.9% per year.
  • Investors are most pessimistic about the HR Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.5x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 130% per year.
  • In contrast, the HR Services industry is expected to see its earnings grow by 5.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ALQ ALSAU$23.994.1%
+AU$477.1m		52.8%PE44.9x
CPU ComputershareAU$34.732.3%
+AU$445.4m		2.7%PE22.4x
C79 ChrysosAU$7.442.3%
+AU$19.8m		50.0%PS13.1x
KLV Klevo RewardsAU$0.01175.0%
+AU$6.9m		n/aPS4.6x
IGN IgniteAU$0.761.3%
+AU$165.4k		1.3%PE10.2x

Latest News

FLN
AU$0.22
Freelancer
7D
-4.3%
1Y
33.3%

Freelancer Limited's (ASX:FLN) Share Price Matching Investor Opinion

Jan 19
Freelancer Limited's (ASX:FLN) Share Price Matching Investor Opinion
ALQ
AU$23.99
ALS
7D
4.1%
1Y
52.8%

ALQ: Raised FY26 Guidance And Dividend Will Support Higher Future Returns

Analysts have nudged their price target for ALS up by A$1 to A$27, citing slightly adjusted assumptions around fair value, discount rate, revenue growth, profit margin and future P/E to reflect updated expectations. What's in the News ALS raised its fiscal 2026 guidance to target 6% to 8% organic revenue growth, up from 5% to 7%, and is aiming for steady margin improvement in FY26 (Corporate Guidance, Key Developments).
CPU
AU$34.73
Computershare
7D
2.3%
1Y
2.7%

CPU: FY26 Delivery Confidence And AGM Update Support Balanced Outlook

Analysts have lifted their fair value estimate for Computershare to A$37.40 from A$37.26, citing the recent AGM update that supported their assumptions on discount rate, modest revenue growth, profit margin and future P/E, and contributed to an upgrade in the consensus view following a higher A$40 price target from recent Street research. Analyst Commentary Recent commentary around Computershare has focused on how the AGM update lines up with existing expectations on revenue growth, margins and the P/E that analysts are using in their models.
IGN
AU$0.76
Ignite
7D
1.3%
1Y
1.3%
AQN
AU$0.44
Aquirian
7D
-10.2%
1Y
144.4%

Here's Why Aquirian (ASX:AQN) Can Afford Some Debt

Dec 22
Here's Why Aquirian (ASX:AQN) Can Afford Some Debt
PPE
AU$0.76
Peoplein
7D
-4.4%
1Y
-11.6%

PPE: Higher Future Earnings Multiple Will Support Attractive Upside Through 2026

Analysts have trimmed their price target on Peoplein from approximately $1.21 to $1.16 per share. This reflects more cautious assumptions on revenue growth and profit margins, partially offset by a slightly higher future earnings multiple.
KLV
AU$0.011
Klevo Rewards
7D
75.0%
1Y
n/a
AMX
AU$0.25
Aerometrex
7D
-9.1%
1Y
-12.3%
C79
AU$7.44
Chrysos
7D
2.3%
1Y
50.0%
1CG
AU$0.009
One Click Group
7D
-18.2%
1Y
-18.2%
MMS
AU$17.28
McMillan Shakespeare
7D
-1.2%
1Y
13.0%

If EPS Growth Is Important To You, McMillan Shakespeare (ASX:MMS) Presents An Opportunity

Nov 03
If EPS Growth Is Important To You, McMillan Shakespeare (ASX:MMS) Presents An Opportunity
KPG
AU$7.13
Kelly Partners Group Holdings
7D
-11.0%
1Y
-29.4%
SIQ
AU$8.96
Smartgroup
7D
-1.3%
1Y
16.4%

The Smartgroup Corporation Ltd (ASX:SIQ) Half-Year Results Are Out And Analysts Have Published New Forecasts

Aug 30
The Smartgroup Corporation Ltd (ASX:SIQ) Half-Year Results Are Out And Analysts Have Published New Forecasts